🌎How Culture Shapes Money: A Ukrainian Perspective

What shapes the way we think about money? Rachel Duncan, financial therapist, sits down with her husband Alex, who shares his early money memories growing up in Ukraine, the impact of inflation after Ukraine’s independence, and how financial perspectives differ across cultures.

💡 From debt and cash gifts to the value of education—this episode is a deep dive into how history, culture, and personal experience shape our financial mindsets.

Inside this episode:
✔ How inflation shaped Ukraine’s financial landscape after independence
✔ The Ukrainian mindset on debt & saving vs. U.S. financial culture
✔ The role of cash gifts, education, and financial security
✔ How Rachel & Alex align (or don’t) in their money practices

 

⏰ Episode Breakdown: How Culture Shapes Our Money Mindset

00:38 | Exploring Cultural Impacts on Money
How financial habits are shaped by history, culture, and lived experiences.

01:17 | Alex’s Early Money Memories from USSR
Growing up under a different economic system and its lasting effects.

01:55 | Ukrainian Money Mindset & Financial Habits
How Ukrainians approach saving, spending, and financial security.

03:58 | Cultural Differences in Money Practices
Comparing financial behaviors between Ukraine and the U.S.

05:33 | Attitudes Towards Debt & Credit Across Cultures
How debt is viewed in different financial systems.

09:09 | How Money & Moral Values Intersect
The role of ethics, trust, and responsibility in financial decisions.

13:35 | Personal Reflections on Money & Our Relationship
How Rachel and Alex navigate financial differences in their marriage.

25:30 | How to Support Ukraine’s Defense Effort
Ways to contribute to the ongoing efforts and aid funds.

 

📢 Join the Conversation!

🌍 What are your cultural money stories? Share a voice memo!
👉 www.moneyhealingclub.com/podcast

💙 Support Ukraine’s Defense Effort:
👉 Ukraine Aid Fund

🎬 Watch "Buy Now" Documentary on Netflix

📜 Full transcript available:
👉 www.moneyhealingclub.com/podcast